Agility Notes: Definitions & Explanations PDF | Download eBooks
Study Agility lecture notes PDF with supply chain management definitions and explanation to study “What is Agility?”. Study agility explanation with SCM terms to review supply chain management course for online MBA programs.
Agility Definition:
Ability of an operation to respond quickly and at low cost as market requirements change.
Operations Management by Nigel Slack, Alistair Brandon-Jones, Robert Johnston
Agility Notes:
The present business condition can be portrayed by consistent change, shorter item life cycles, and expanded interest vulnerability. As these conditions have turned into the standard, organizations and analysts alike have gone to the idea of nimbleness as they continued looking for a manageable wellspring of upper hand. Therefore, production network readiness has risen as the prevailing aggressive vehicle for associations working in such an unsure and consistently changing business condition. A review of late research proposes that there are five components of dexterity that are regular not exclusively to military and sports science yet in addition to the production network world: sharpness, openness, definiteness, quickness, and adaptability. Each measurement speaks to a capacity that organizations must create to accomplish the ideal degree of deftness. They can further improve their production network spryness by utilizing a self-assessment survey dependent on these five measurements to figure out where they fall on the readiness range, regardless of whether remedial activities are required, and where to make those adjustments.
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